As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.
Also as a video:
https://youtube.com/shorts/Ne1XPitM6OQ?si=R0h6YTP-f4BO7gOA
Monday:
German foreign trade is coming under increasing pressure. 76% of all companies surveyed stated that their business was declining or declining sharply. Trade conflicts and tariffs are seen as the greatest risk. Foreign trade used to drive the German economy. Germany may therefore need a new business model.
Tuesday:
$BAYN (-4,34%) Bayer is likely to reach a settlement to resolve most of its glyphosate litigation. The deal, worth around USD 7 billion, would be spread over several years and would be less of a burden on the business.
Wednesday:
The FOMC minutes were published today. Further interest rate hikes are expressly not off the table for the Fed. At present, concerns about stubborn inflation seem greater than those about a weak labor market. Of course, these ideas are not in line with Trump's calls for interest rate cuts.
$BAYN (-4,34%) Bayer's glyphosate receives special status under a new law passed by Donald Trump. The production and necessary extraction of the mineral phosphate will be included in the Defense Production Act. This declares the availability of glyphosate to be essential for the security of the USA.
Friday:
The US Supreme Court declares most of Trump's tariffs illegal. The court referred to the jurisdiction of Congress. Only in exceptional cases can these be imposed by the President.
These are the most important dates for the coming week:
Monday: 10:00 ifo business outlook (DE)
Friday: 14:00 Inflation data (DE)
Friday: 14:30 Producer prices (USA)
#ifo
#prognose
#inflation
#erzeugerpreise
#usa
Can you think of any other dates?